DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Alliance/Miscellaneous
LION E-Mobility AG: LION Smart GmbH receives public grant in electric aviation
research project
13-Jan-2017 / 15:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Garching, Germany - January, 13th 2017 - LION Smart GmbH, a subsidiary of LION
E-Mobility AG has received approval for a 300.150 Euro grant by the Bavarian
government. The amount equals 65% of its overall project volume of 471.700 Euro
and will be paid over the years 2017-2019. The project, led by Airbus an
involving renowned companies aims at improving battery safety in aircraft, LION
Smart's share being to provide the research consortium with an adequate BMS
design and a BMS demonstrator for safe energy storage for aviation.
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Information and Explanation of the Issuer to this News:
About LION E-Mobility AG
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly in the
field of electric energy storage as well as battery pack development and
management. The Company holds 100% of the German LION Smart GmbH, a development
and engineering company specialized on custom designed battery packs and
battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV
SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned
TÜV SUED AG. Members of the Board of Directors are: Mr. Daniel Quinger
(President of the Board), Mr. Tobias Mayer, Mr. Hany Magour, Dr. Isolde Semm and
Mr. Martin Specht. The Management of LION Smart GmbH consists of Mr. Tobias
Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery
Testing GmbH is Mr. Christian Theeck. For more information please visit our
homepage: www.lionemobility.com
Disclaimer
This presentation contains forward-looking statements that involve a number of
risks and uncertainties, including statements that relate to, among other
things, the Company's objectives, goals, strategies, intentions, plans, beliefs,
expectations and estimates, and can generally be identified by the use of words
such as 'may', 'will', 'could', 'should', 'would', 'likely', 'expect', 'intend',
'estimate', 'anticipate', 'believe', 'plan', 'objective' and 'continue' (or the
negative thereof) and words and expressions of similar import. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, such statements involve risks and uncertainties, and
undue reliance should not be placed on such statements. Certain material factors
Investor Relations Contact:
Mr. Walter Wimmer
Email: ir@lionemobility.dehttp://www.lionemobility.de
LION E-Mobility AG
Poststrasse 14
6300 Zug
Switzerland
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Language: English
Company: LION E-Mobility AG
Poststraße 6
6300 Zug
Switzerland
Phone: +41 (0)41 500 54 11
Fax: +41 (0)41 500 54 12
E-mail:info@lionemobility.de
Internet: www.lionemobility.com
ISIN: CH0132594711, CH0132594711
WKN: A1JG3H , A1JG3H
Listed: Regulated Unofficial Market in Hamburg, Munich (m:access); Open Market
in Frankfurt
End of Announcement DGAP News Service
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536345 13-Jan-2017 CET/CEST